The Evaluate module enabled you to qualify a good opportunity. The Acquire stage of the LEAP system takes you through the process and requirements needed to negotiate and purchase the business. You will learn
- The steps and key points of the acquisition process.
- The dynamics of an auction- Learn the dos and don’ts to help protect you and ensure you don’t get scammed in addition to helping you stay ahead of other people bidding on the websites.
- The process of buying a website.
- The process of a sale and all the steps involved.
- The steps involved in the escrow process.
- Different types of Escrow deals.
- The Letter of Intent and its structure.
- The Asset Purchase Agreement and its structure.
- Other contracts involved in the sale
- The importance of getting assistance on website deals.
- The steps involved in transferring the website from the seller to the buyer.
- Selling your website- how to prepare to sell your website.
- Business operations- how to keep your website under control
- The difference between being an owner and an operator.
The module also includes a list of recommended tools and experts you can turn to assist you in securing a website deal as well as a discussion on the importance of post-sale support and training.